$399,000

242 Wilbur Ave SE Atlanta, GA 30316

$4,738
Closing credit¹
1 bed
1 full
1,146 sqft
0.2 acres
$348 / sqft
House

Property details

About 242 Wilbur Ave SE

Offering for new construction in Reynoldstown! R5 zoning. Level lot. A great opportunity for upscale, multi-unit development! Just steps from Madison Yards and the Beltline, the street and surrounding area boats a lineup of posh dual-constructed units - Units #A and #B. Average resale 900k+ per unit. Design, create, and make your mark in one of Atlanta's most historic and sought-after neighborhoods. Accessibility & Convenience: minutes from Cabbagetown, Inman Park, and East Atlanta Village. Unmatched walkability: The Eastern, Con Leche Coffee, Muchacho, Park Grounds, Home Grown, Publix. Invest, make money, and leave a building legacy.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,146 sqft
Lot size0.201 Acres
Year built1935
MLS #10504792

Summary

  • Full Bathrooms: 1
  • Appliances: Other
  • Basement: No
  • Flooring Type: Other
  • Interior: Other
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: None
  • Architectural Style: Bungalow/Cottage
  • Heating: None
  • Cooling: None
  • List Price: $399,000
  • Price/SqFt: $348
  • HOA Amount: $0
  • Annual Tax Amount: $5,796
  • Tax Year: 2023
  • Lot: Level, Other
  • Directions: GPS Friendly
  • Year Built: 1935
  • Living Area: 1,146 SqFt
  • Lot Size: 0.201 Acres
  • MLS Number: 10504792
  • MLS Name: Georgia MLS 2
  • Office Name: Keller Williams Realty
  • Listing Agent: Sammy Hadid

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

242 Wilbur Ave SE, Atlanta, GA 30316 - bungalow-style house with a front lawn and covered porch

$399,000

242 Wilbur Ave SE

$4,738

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$140,000$5,796
2022$140,000$5,796
2021$160,680$1,420
2020$115,000$4,761
2019$112,960$1,027
2017$55,120$1,136

History based on county public records data.

Nearby schools

6

Parkside Elementary School

Public District PK-5

1.1 mi

685 Mercer St SE

7

Burgess - Peterson Academy

Public District KG-5

1.3 mi

480 Clifton St SE

3

Hope - Hill Elementary School

Public District PK-5

1.3 mi

112 Boulevard NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,776. Typical income of Atlanta, GA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

30%
<35k
56%
35k-100k
8%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
43%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 242 Wilbur Ave SE

The listing price of 242 Wilbur Ave SE property is $399,000.

The property 242 Wilbur Ave SE is a house located in Atlanta, Georgia, 30316.

Active Listing: 242 Wilbur Ave SE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 242 Wilbur Ave SE are: Parkside Elementary School (GreatSchools Rating 6/10), Burgess - Peterson Academy (GreatSchools Rating 7/10), Hope - Hill Elementary School (GreatSchools Rating 3/10), Atlanta Neighborhood Charter - Middle School (GreatSchools Rating 7/10), D.T. Howard Middle School (GreatSchools Rating 6/10), Ivy Preparatory Academy- Inc (GreatSchools Rating 4/10), Maynard Holbrook Jackson High School (GreatSchools Rating 4/10), Charles Drew Charter School Ja/Sa (GreatSchools Rating 7/10), Midtown High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $5,796 (source: MLS/based on county public records data).

The property at 242 Wilbur Ave SE has 1 bedroom and 1 bathroom.

The property 242 Wilbur Ave SE is 1,146 SqFt (source: MLS/tax record).

The year of construction for 242 Wilbur Ave SE is 1935.

This home is located at 242 Wilbur Ave SE in Atlanta, GA and zip code 30316 in the Reynoldstown neighborhood. This 1,146 square foot home, which was built in 1935, sits on a 0.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $399,000.

While more than 303 listings in Atlanta, GA in May 2025 were sold above asking price, there were more than 266 listings sold at asking price, and more than 629 were sold below. The number of homes for sale in Atlanta, GA increased by 12.7% between April and May 2025. In May 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $425,128.

From Rocket Homes Real Estate and based on county public records data.

More resources